South Korea's Tongyoung, South Kyungsang Province is to support troubled small-and-medium yards in its jurisdiction to contract new orders amid financial crisis in Europe and depressed global economy.
Tongyoung invited overseas owners and had a welcoming ceremony on April 20. This aims to encourage them to place new orders as well as promote Tongyoung.
In the ceremony, hosted by Tongyoung and supervised by the Korea Chamber of Commerce & Industry of Tongyoung district, 100-some of overseas owners and their family, officials from Korean shipbuilders participated.
Mayor Kim Dong-Jin introduced yards placed in Tongyoung and requested owners to be long-term partners and place newbuilding orders at Tongyoung-based shipbuilders, in his greeting address.
As a return to Mayor's greeting, Rhonda's spokesperson said that let us all work hard to win orders consistently and thanked Tongyoung to have arranged this event.